What the executives and directors of Union Pacific Corporation actually did with their own shares, decoded from three years of SEC Form 4 filings.
The tape: three years of insider trades
Every marker sits at the exact price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the gray strip is routine flow (vestings, tax withholding, gifts) that headlines love to miscount as selling.
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
Skin in the game
Directly held shares as reported after each trade, indexed to 100 five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
Who holds what
| Insider | Role | Shares held | Buys 12 m | Sales 12 m |
|---|---|---|---|---|
| Vena Vincenzo J CHIEF OPERATING OFFICER | COO | 223.9K | — | — |
| Hamann Jennifer L EVP & CHIEF FINANCIAL OFFICER | CFO | 120.2K | — | $549K |
| Whited Elizabeth F PRESIDENT | Officer | 93.7K | — | — |
| Rocker Kenyatta G EVP MARKETING & SALES | Officer | 62.4K | — | $7.4M |
| Gehringer Eric J EVP OPERATIONS | Officer | 56K | — | $1.3M |
| Jalali Rahul EVP & CHIEF INFORMATION OFFICE | Officer | 33.1K | — | — |
| Richardson Craig V EVP CHIEF LEGAL OFFICER & CORP | Officer | 28.1K | — | — |
| DeLaney William J III | Director | 17.5K | — | — |
| Conlin Christina B EVP CHIEF LEGAL OFFICER & CORP | Officer | 16K | — | — |
| Rynaski Todd M. VP & CONTROLLER | Officer | 12.6K | — | — |
| Powers Carrie J VP & CONTROLLER | Officer | 8,136 | — | — |
| DILLON DAVID B | Director | 2,050 | — | — |
Open-market trade log
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-03 | Gehringer Eric J (Officer) | Discretionary sale | 2,991 | $263.96 | $790K |
| 2026-04-24 | Rocker Kenyatta G (Officer) | Discretionary sale | 11.9K | $271.76 | $3.2M |
| 2026-04-24 | Rocker Kenyatta G (Officer) | Discretionary sale | 15.5K | $271.76 | $4.2M |
| 2026-04-24 | Hamann Jennifer L (CFO) | Discretionary sale | 2,000 | $274.70 | $549K |
| 2026-03-20 | Gehringer Eric J (Officer) | Discretionary sale | 1,999 | $234.93 | $470K |
| 2025-01-27 | Richardson Craig V (Officer) | Discretionary sale | 2,766 | $252.00 | $697K |
| 2025-01-27 | Richardson Craig V (Officer) | Discretionary sale | 3,729 | $252.00 | $940K |
| 2025-01-24 | Whited Elizabeth F (Officer) | Discretionary sale | 7,500 | $250.00 | $1.9M |
| 2024-07-30 | Whited Elizabeth F (Officer) | Discretionary sale | 673 | $243.15 | $164K |
| 2024-07-30 | Whited Elizabeth F (Officer) | Discretionary sale | 2,879 | $247.40 | $712K |
| 2024-02-15 | Whited Elizabeth F (Officer) | Planned sale (10b5-1) | 3,750 | $250.00 | $938K |
| 2024-02-14 | Whited Elizabeth F (Officer) | Planned sale (10b5-1) | 3,750 | $246.36 | $924K |
| 2023-12-13 | Hamann Jennifer L (CFO) | Discretionary sale | 1,000 | $235.00 | $235K |
| 2023-11-21 | Vena Vincenzo J (CEO) | Open-market buy | 4,500 | $222.00 | $999K |
| 2023-10-30 | Gehringer Eric J (Officer) | Discretionary sale | 1,274 | $203.24 | $259K |
| 2023-08-23 | Rocker Kenyatta G (Officer) | Discretionary sale | 4,180 | $222.44 | $930K |
| 2023-08-23 | Rocker Kenyatta G (Officer) | Discretionary sale | 4,520 | $222.41 | $1M |
| 2023-08-23 | Hamann Jennifer L (CFO) | Discretionary sale | 1,000 | $222.83 | $223K |
| 2023-02-27 | Whited Elizabeth F (Officer) | Discretionary sale | 2,500 | $213.00 | $533K |
| 2022-10-24 | Finley Teresa (Director) | Open-market buy | 1,380 | $188.26 | $260K |
| 2022-04-21 | Rocker Kenyatta G (Officer) | Discretionary sale | 1,318 | $250.00 | $330K |
| 2022-04-21 | Rocker Kenyatta G (Officer) | Discretionary sale | 2,700 | $250.00 | $675K |
| 2021-12-06 | Whited Elizabeth F (Officer) | Discretionary sale | 2,510 | $245.00 | $615K |
| 2021-11-26 | Whited Elizabeth F (Officer) | Discretionary sale | 2,500 | $240.14 | $600K |
| 2021-11-26 | Whited Elizabeth F (Officer) | Discretionary sale | 2,500 | $240.22 | $601K |
| 2021-11-26 | Whited Elizabeth F (Officer) | Discretionary sale | 2,500 | $240.26 | $601K |
| 2021-10-26 | Hamann Jennifer L (CFO) | Discretionary sale | 500 | $243.00 | $122K |
| 2021-10-25 | Hamann Jennifer L (CFO) | Discretionary sale | 500 | $238.00 | $119K |
| 2021-03-08 | Rynaski Todd M. (Officer) | Discretionary sale | 7,698 | $212.00 | $1.6M |
| 2021-03-08 | Whited Elizabeth F (Officer) | Discretionary sale | 1,491 | $215.00 | $321K |
| 2021-02-22 | Whited Elizabeth F (Officer) | Discretionary sale | 5,000 | $207.86 | $1M |
| 2021-02-22 | Whited Elizabeth F (Officer) | Discretionary sale | 5,000 | $210.00 | $1.1M |
| 2020-09-11 | Whited Elizabeth F (Officer) | Discretionary sale | 5,376 | $195.51 | $1.1M |
| 2020-09-11 | Hamann Jennifer L (CFO) | Discretionary sale | 1,000 | $195.00 | $195K |
| 2020-09-10 | Hamann Jennifer L (CFO) | Discretionary sale | 1,000 | $193.79 | $194K |
| 2020-08-21 | Rynaski Todd M. (Officer) | Discretionary sale | 1,500 | $190.46 | $286K |
| 2020-07-17 | Whited Elizabeth F (Officer) | Discretionary sale | 4,426 | $180.00 | $797K |
| 2020-07-16 | Whited Elizabeth F (Officer) | Discretionary sale | 4,400 | $176.00 | $774K |
| 2020-07-06 | Whited Elizabeth F (Officer) | Discretionary sale | 5,000 | $171.08 | $855K |
| 2020-03-31 | DeLaney William J III (Director) | Open-market buy | 15K | $138.20 | $2.1M |
| 2020-02-28 | Vena Vincenzo J (COO) | Open-market buy | 3,206 | $155.92 | $500K |
| 2020-01-16 | Hamann Jennifer L (CFO) | Discretionary sale | 1,000 | $183.00 | $183K |
| 2019-12-09 | Whited Elizabeth F (Officer) | Discretionary sale | 5,342 | $171.62 | $917K |
| 2019-07-31 | KNIGHT ROBERT M JR (CFO) | Discretionary sale | 8,620 | $180.04 | $1.6M |
| 2019-05-20 | DeLaney William J III (Director) | Open-market buy | 5,000 | $174.06 | $870K |
| 2019-05-03 | KNIGHT ROBERT M JR (CFO) | Discretionary sale | 1,380 | $180.01 | $248K |
| 2019-04-18 | Ferguson Rhonda S (Officer) | Discretionary sale | 11.5K | $175.00 | $2M |
| 2019-04-04 | KNIGHT ROBERT M JR (CFO) | Discretionary sale | 10K | $170.01 | $1.7M |
| 2019-04-01 | Rynaski Todd M. (Officer) | Discretionary sale | 8,802 | $170.00 | $1.5M |
| 2018-09-24 | KNIGHT ROBERT M JR (CFO) | Discretionary sale | 20K | $163.81 | $3.3M |
| 2018-08-28 | Tennison Lynden L (Officer) | Discretionary sale | 8,450 | $151.72 | $1.3M |
| 2018-05-18 | Patel Bhavesh V. (Director) | Open-market buy | 20 | $143.80 | $3K |
| 2018-04-03 | Whited Elizabeth F (Officer) | Discretionary sale | 1,000 | $133.08 | $133K |
| 2018-04-03 | Whited Elizabeth F (Officer) | Discretionary sale | 1,000 | $133.80 | $134K |
| 2018-04-03 | Whited Elizabeth F (Officer) | Discretionary sale | 2,908 | $133.98 | $390K |
| 2018-04-03 | Whited Elizabeth F (Officer) | Discretionary sale | 4,782 | $133.80 | $640K |
| 2018-04-03 | Whited Elizabeth F (Officer) | Discretionary sale | 5,886 | $133.80 | $788K |
| 2018-03-21 | KNIGHT ROBERT M JR (CFO) | Discretionary sale | 13.3K | $140.00 | $1.9M |
| 2018-03-20 | KNIGHT ROBERT M JR (CFO) | Discretionary sale | 25K | $137.39 | $3.4M |
| 2017-07-07 | Scott Cameron A (COO) | Discretionary sale | 17.6K | $107.60 | $1.9M |
“Since trade” compares with the latest insider-implied price, not a market quote; this site carries no market data by design.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.